- US Retail sales m/m: 0,7% vs 0,3% exp and 0,6% previously
- US core retail sales mm/m 0,6% vs 0,2% exp. and 0,6% previoulsy
In first reaction we can see weaker sentiments on Wall Street becuase strong sales reading may be a signal that Fed will have to increase interest at least once more time. US consumers are still strong.
US500 reaction after the reading
Source: xStation5
US Retail sales readings (charts)
Source: XTB Research, US Census Bureau, Bloomberg Finance LP
Source: XTB Research, US Census Bureau, Bloomberg Finance LP
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NY Fed Survey: higher inflation expectations, but also higher equity price expectations ðð
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